FX.co ★ sandra75 | #Ethereum chart analysis

#Ethereum H4

The Ethereum quotes are currently heading north and are almost at the resistance level of 2164.16. The moving average is below the quotes at this time, acting as support for the upward direction. This indicates a potential breakthrough of the resistance. If it manages to break through and then consolidate above it, they may continue in the northern direction towards the resistance at the level of 2310.00 and beyond. However, a bounce from the level with a reversal to the south could lead either to a visit to the moving support or a move below it. So let's wait and see. Wishing everyone good luck.